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Central Excise - Highlights / Catch Notes

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Valuation - 100% EOU - clearance of bulk drugs made in DTA under ...

Central Excise

December 12, 2023

Valuation - 100% EOU - clearance of bulk drugs made in DTA under Advance Release Order (ARO) - in the present case the Adjudicating Authority straight away jumped to Rule 8 without making any effort to determine the value in terms of Rule 4 to 7 of Customs Valuation Rules. Therefore, the valuation determined by the department under Rule 8 cannot be accepted. - AT

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